Payments - Long Reads, News, Articles & Research: Finextra

SME banking and cross border payments: how banks can win back market share

Andrew Frost Customer Success Manager at Form3 Financial Cloud

SME banking and cross border payments: how banks can win back market share

Even in 2022, online lenders continue to gain ground over traditional banks. Time is of the essence for small to medium sized enterprises (SMEs) because they need capital to flourish and would rather operate with a digital lender and in doing so, pay a higher rate for a quicker turnaround. While traditional lenders may offer a better interest rate...

15 June 2022 /payments

Money 20/20 EU: The benefits of embedded finance for business

Steve Whiting VP Financial Services at Soldo

Money 20/20 EU: The benefits of embedded finance for business

Every day, perhaps without even realising it, most of us already use embedded finance. From ordering coffee via an app to booking a taxi with our phone, embedded finance has completely transformed the consumer payment process. But many businesses are yet to integrate a financial solution into their own infrastructure, even though this comes with m...

13 June 2022 /payments

Money 20/20 EU: Why automating spend management is essential in uncertain times

Dynshaw Italia Chief Financial Officer at Soldo

Money 20/20 EU: Why automating spend management is essential in uncertain times

If the last few years have taught us anything, it’s that we can only be certain of uncertainty. While business has always come with an element of risk, business leaders are now having to contend with rising raw material prices, supply chain challenges, and reduced customer budgets due to the cost-of-living crisis. It’s not surprising that business...

08 June 2022 /payments

The role of open banking in the fight against rising payment fraud

Siamac Rezaiezadeh VP Product Marketing and Insights at GoCardless

The role of open banking in the fight against rising payment fraud

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ According to new research by the Merchant Risk Council (MRC), the global cost of payment fraud has increased for a second consecutive year. Mid-sized organisations (those ranging from $5-50million in revenue) have been hit the hardest, wit...

01 June 2022 /payments

Liliana Fratini Passi CEO at CBI SCPA

From open banking to open finance

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ Over recent years the global payment landscape has changed radically, with consumers increasingly turning to digital solutions. Due to the reduced use of cash, increased knowledge and confidence in digital payments, customer demands have r...

31 May 2022 /payments

Re-platforming critical payments infrastructure to the cloud

Michael Mueller CEO at Form3

Re-platforming critical payments infrastructure to the cloud

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ From mainframes to cloud Like many century old industries, financial institutions established their organisational structures around a physical space, the office. The infrastructure needed to handle their critical business functions follow...

31 May 2022 /payments

Request to pay: The cornerstone of the digital payment revolution

Michael Boel Head of Local Clearing at Banking Circle

Request to pay: The cornerstone of the digital payment revolution

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ Request to pay, also known as R2P and RtP, is a new secure messaging service designed to make payments simpler and more flexible for businesses and consumers, as well as cheaper and easier to manage for the financial institutions and merch...

30 May 2022 /payments

Instant payments and request to pay – on their way to mainstream

Retired Member

Instant payments and request to pay – on their way to mainstream

This is an excerpt from Finextra’s report, ‘The Future of Payments 2022: The cutting edge of digital payments’ Instant payments and its most important application, request to pay is set to revolutionise the payments space and the way we conduct business. Request to pay is, in fact, already live in the UK (using open banking) and is being rolled out...

30 May 2022 /payments

P27 defines NextGen Nordic payments innovation

Retired Member

P27 defines NextGen Nordic payments innovation

Harmony is a rare quality in today’s world, where dissonance seems to be the rule. But you can find it if you look and listen. For example, as the NextGen Nordics conference got underway last week, harmony was clearly on display and celebrated. Because the Nordics have achieved something no other region of the world has done. It has established a ...

03 May 2022 /payments

5 things driving the next generation of payments

Retired Member

5 things driving the next generation of payments

Evolving customer expectations alongside technological advances are driving innovation that prioritises speed, near to real-time payments, frictionless transactions and decentralised models. Compounded by the pandemic, the significant growth of digital commerce has led to record payment volumes in most markets. At the same time, market competition...

26 April 2022 /payments

Open (Banking) for Business: UK retail banks’ growth engine

Paige McNamee

Open (Banking) for Business: UK retail banks’ growth engine

2022 has seen a surge in dialogue surrounding the purported value or objective of Open Banking, and whether this has been realised in the UK. While the debate has stoked critical thinking around what we should hope to achieve through Open Banking, there persist large questions around the potential benefits that remain on the table – particularly f...

25 April 2022 /payments

M-Commerce is booming - is your mobile app as secure as you think?

Hubert Rachwalski CEO at Nethone

M-Commerce is booming - is your mobile app as secure as you think?

When performing tasks, payments, transactions and generally browsing the internet on a desktop, we are often reminded to keep our guard up against possible threats. Viruses, malware and a whole host of cyberattacks can lead to system breaches and financial losses. It can be daunting keeping track of and preventing all online risks, but do individu...

21 April 2022 /payments

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